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MUMBAI: La Liga heavyweights FC Barcelona continue to smash all records not just on the football ground but off it as well in the business side of sport. A recent study by financial consultancy firm KMPG titled ‘The European Champions Report 2019’ revealed that the Spanish club has spent 562 million euros ($640 million) solely in…

PUNE: Ever since the Khelo India Youth Games were flagged off a little over a week ago in the Maharashtrian city, teams of talent spotters have been at work at the various venues. They have been brought in by the Sports Authority of India (SAI) in relays to track performances in their assigned events and present a short list of those…

RIO DE JANEIRO: Brazil’s Institute for Applied Economic Research (IPEA), a public sector institution in the South American nation, has concluded in its latest research that hosting the 2016 Olympic Games in Rio de Janeiro has proven to have had a positive impact on the local economy.

NEW YORK: Endeavor, a global leader in sports, entertainment, and fashion with a portfolio of companies including WWE, IMG, and UFC, announced Tuesday the formation of Endeavor Streaming, encompassing the company’s video streaming products and services.

OTT leader NeuLion, acquired by Endeavor in 2018 for $250 million, will be…

NEW YORK: German apparel and lifestyle brand Puma has made its first foray into the world of eSports, announcing its association with League of Legends team Cloud9. League of Legends is the highest valued eSports property in the world, credit for which goes to Cloud9 being valued at $310 million according to Forbes in 2018.…

MUMBAI: Two months after reports first surfaced that Ananth Narayanan had put in his papers, parent company Flipkart confirmed that the Myntra and Jabong chief executive officer was moving on "to pursue external opportunities". 

DETROIT: U.S. Soccer announced Monday a landmark, integrated partnership with global automobile giant, Volkswagen as the brand has been named its presenting automotive partner till 2022. The agreement was facilitated by Soccer United Marketing (SUM), U.S. Soccer’s partner for the past 15 years.

As part of Volkswagen’s long-…

MADRID: LaLiga president Javier Tabas has spelled out the league’s plans to use a software with artificial intelligence for the first time in its history for scheduling next season’s fixtures.

In an interview with Spanish radio station RAC1, the league chief revealed that the new system is already out for testing and aims to…

MUMBAI: The philanthropy pillar of the Tata Mumbai Marathon, promoted by Procam International, is the biggest philanthropic sporting platform in the country. The event has gone beyond running to bring people together – over and above politics, religion, race, colour, and gender. This includes not only runners but also spectators,…

CHENNAI: FIDE vice president and Grandmaster Nigel Short has revealed that the apex global governing body of chess could witness its Presidential board size reduced from 26 to 16 members amongst sweeping changes expected to take place in the medium to long term for better administration of the game, IANS reports.

"We have been…